Techincalanalysis
ETHUSD: Market Is Looking Up! Buy!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,718.1
Wish you good luck in trading to you all!
QQQ: Market of Sellers
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the QQQ pair which is likely to be pushed down by the bears so we will sell!
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$NQ outlook headed into OCT. 21 WEEKMarket structure still shows us that it is bullish based on Technicals.
No catalyst yet for a big bearish move/correction/pullback.
Friday ended as an inside bar /1 / harami.
Means an explosive move is coming.
Got a 2-1-2 going into Monday.
The overall market structure is still bullish with higher lows and higher highs.
Rejection off the order blocks from April time frame and the SEPT bounce off the imbalance created in AUG.
There's no real catalyst 'yet' for a big bearish move.
I'd watch how Sunday night's global opens and see what transpires during the London session of NYSE:ES SEED_ALEXDRAYM_SHORTINTEREST2:NQ
Similar to my NASDAQ:QQQ post a week ago, price is still respecting the upward trendline which is now annotated with the green triangle.
Watch for price for the rest of OCT attempt to take out ATH (Liquidity) at 20983.75 and potentially reverse/stall at 21,000. Why that number? Psychological level along with where many algos most likely set their orders along with those who went short at ATH set their stops ABOVE entry.
THIS IS NOT FINANCIAL ADVICE but an OPINION.
#SPY #MSFT NASDAQ:AAPL #AAPL NASDAQ:AMZN #AMZN NASDAQ:QQQ #QQQ #ICT NYSE:ES #ES SP:SPX #SPX #thestrat SEED_ALEXDRAYM_SHORTINTEREST2:NQ AMEX:SPY #NQ NASDAQ:MSFT NASDAQ:TSLA #TSLA NASDAQ:NVDA NASDAQ:AMD #NVDA #AMD
SasanSeifi| Is a Bullish Breakout Around the Corner?Hey there, ✌ In the daily chart of BINANCE:METISUSDT , as shown, the price has been on a downtrend since reaching the $76 level. After this decline, the price reacted to the $25 level, entering a range between $25 and $42. During this period, the price experienced some fluctuations and relative growth.
Currently, after hitting the $42 level twice, the price has pulled back to the demand zone. In this area, we’re seeing some positive movement, with the price now trading near the downward trend line. It appears that a Double Bottom pattern has formed around the $31 level, which could signal a minor upward move.
If, in the daily timeframe, the downtrend line and the $37 to $38 price range are broken, and the price stabilizes above this level, there is a chance for an increase towards the $40 and $42.50 resistance zones. In such a scenario, it will be important to monitor how the price reacts to these higher targets. Should the price break through the $42 level and maintain its position above it, the next potential target could be the supply zone between $46 and $50.
For risk-tolerant traders, the $36 price range could serve as an entry point. Additionally, upon a breakout and stabilization above the downtrend line, more secure entry points may be identified.
The key support area for METIS lies between $33 and $31. Holding this support zone is crucial for a bullish scenario. If this level is lost, further price declines are likely.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
If you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
EOS bearish pattren formed in 4hr time frame as you see the EOS breaks previous support and now its trading below the 200 ema and 100 ema and price is at 4hr fib level there is high probability that price again reject from its supply area and retest the demand zone 0.4600
pattern type :- bearish rising wedge
trade type :- short
entry :-0.5411
sl :- 0.5670
traget:- 0.4590
Stan Weinstein Theory on NetflixThe 4 Market Phases
Stan Weinstein describes the evolution of stocks in four main phases:
- Phase 1: Accumulation
The market is flat after a prolonged decline. Smart investors start buying.
- Phase 2: Uptrend
The price breaks a key level and rises above the 30-week moving average, which is rising. This is the ideal phase to buy.
- Phase 3: Distribution
The market stabilizes after a rise. Big investors sell, and the moving average stabilizes. This is the beginning of the end of the uptrend.
- Phase 4: Downtrend
The price breaks a key support, the moving average goes down. Avoid buying or selling to limit losses.
Key Indicators
30-week moving average: In an uptrend, the price is above. In a downtrend, it is below.
Volume: Increasing volume during breakouts confirms the strength of the trend.
Weinstein advises buying early in Phase 2 and selling early in Phase 4 to follow major market trends.
Analysis made in collaboration with @Yannick1961
ETHUSD: Move Down Expected! Sell!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,630.0
Wish you good luck in trading to you all!
SWING IDEA - RUBYMILLSStock NSE:RUBYMILLS is currently at a Breakout Zone of 263 in the weekly timeframe. Also currently at its 52W High as well.
MACD line and Signal have a fair enough split between each other, which also indicates a good bullish momentum.
If market conditions are good, this stock should easily revisit its Swing High levels.
Point to note is: The stock needs to maintain weekly closing above 263 levels in order for it to start pumping upward.
BTCUSD: Local Correction Ahead! Buy!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 68,706.15
Wish you good luck in trading to you all!
USOIL: Strong Bearish Bias! Sell!
Welcome to our daily USOIL prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 68.870
Wish you good luck in trading to you all!
SWING IDEA - ANDHRSUGARStock seems to have completed its Lower Low Price Action and MACD looks to form Higher Lows.
Good Election Results has also helped the stock to start picking up momentum now. It could start seeing the Price Action change directions to Higher High and Higher Low Patterns.
There seems to a Convergence Divergence in play as well.
The newly elected CM will have his swearing in ceremony on June 12.
Also 112 currently seems to have formed as an immediate support level. This is also a Key Support level now for the stock to maintain in order to go up further.
SWING IDEA - ASIANTILESNSE:ASIANTILES seems to be breaking out from its S/R zone at the 90s level. Watch how the same S/R zone played a crucial role right from April 2020 all the way through April 2022.
NSE:ASIANTILES is revisiting the same levels again after more than 2 years later and also with good volumes and a big green candle as well.
Price Action and Moving Averages also gave a good Convergence Divergence signal back in mid of 2023.
As long NSE:ASIANTILES maintains its weekly closing above this level, it should easily be able to revisit its Swing High levels soon.
Stock looks very bullish over the long run especially.
USOIL: Bullish Continuation & Long Signal
USOIL
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy USOIL
Entry - 68.78
Stop - 67.10
Take - 72.18
Our Risk - 1%
Start protection of your profits from lower levels
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APPLE: Bearish Continuation & Short Trade
APPLE
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short APPLE
Entry Point - 234.99
Stop Loss - 238.93
Take Profit - 227.89
Our Risk - 1%
Start protection of your profits from lower levels
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TESLA Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for TESLA below:
The instrument tests an important psychological level 220.72
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 232.78
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPUSD My Opinion! SELL!
My dear friends,
GBPUSD looks like it will make a good move, and here are the details:
The market is trading on 1.3047 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.3023
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURUSD: Bears Will Push Lower
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURUSD pair price action which suggests a high likelihood of a coming move down.
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LOVE - 23 months COMPLEX FORMATION══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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BMPS - 5 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
EURUSD My Opinion! BUY!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0859 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0940
Recommended Stop Loss - 1.0814
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK